Entrepreneur
Name
Renson
Member since
October 2015
On-time repayments
43 installments • 79%
About Me
My full name is renson mwamodi mweri. I am a married young man aged 26.
I am also a father of two .
The only economic activity I practise is agriculture.
I rely on farming to manage my family.
I also take care of my aged mother because my father passed away long ago.
I dropped out of school because of lack of school fees.
Our culture is based on farming.
Most of the people here are not educated because of challenges which hinder education.
I like watching football as well as playing it.
My Business
I deal with agricultural goods where by I grow crops such as maize, beans and peas.
The main challenges are weather variability .
I grow maize specifically for food whereas peas and beans is purposely for commercial.
Once the havest is ready I take them to the market since there is ready market.
The earnings I use to purchase seeds and other farm equipment.
This has also enable me afford most of the family needs like paying school fees for my first born.
When am not in the farm I also do transportation work(boda boda) using a motorbike which earns me 250 a day.
Loan Proposal
I will use this loan to purchase farm equipment.
I will buy seeds for my farm.
I will also buy fertilizers for my farm since the soils are not fertile.
The seeds I will buy are:
Maize
Peas
This will enable me increase the the production thus increase my earnings.
Actually this loan will help me and my family at large.
Increased earnings will enable me to pay the loan as well as satisfying the family needs. I will be grateful if this loan will be funded.
Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Oct 24, 2015
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
United States
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